Date of Award

2014

Document Type

Master's Thesis

Degree Name

Master of Science in Applied Natural Resource Economics (MS)

College, School or Department Name

School of Business and Economics

Advisor

Gary A. Campbell

Co-Advisor

Gary A. Campbell

DOI

10.37099/mtu.dc.etds/778

Abstract

This thesis analyzes the domestic shortage in the Chinese natural gas market. Both the domestic supply and demand of natural gas are growing fast in China. However, the supply cannot catch up with the demand. Under the present pricing mechanism, the Chinese natural gas market cannot get the equilibrium by itself. Expensive imports are inadequate to fill the increasing gap between the domestic demand and supply. Therefore, the shortage problem occurs. Since the energy gap can result in the arrested development of economics, the shortage problem need to be solved. This thesis gives three suggestions to solve the problem: the use of Unconventional Gas, Natural Gas Storage and Pricing Reform.

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